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M&A
Cooke, Sea Harvest’s Uruguay hake move first step in ‘long-term relationship’

By Aug. 22, 2023 4:27 PM

'Chartering this ship to Cooke Uruguay is the first step in forging a long-term relationship in Uruguay and potentially other parts of the world' -- Felix Ratheb, CEO of Sea Harvest

Policy
American Seafoods agrees to settle ‘paperwork issue’ over discharge permits for $999k

By Aug. 15, 2023 2:04 PM

American Seafoods has agreed to settle a dispute it terms a 'paperwork issue' with the Environmental Protection Agency for a total of $999,000 

Companies
Arctic Storm’s new pollock factory trawler arrives in Seattle after five-year build 

By Aug. 8, 2023 5:58 PM

US pollock and hake harvesting firm Arctic Storm's new factory trawler has arrived in Seattle, Washington, after a five-year build which was delayed by the COVID pandemic

Trade
Argentina’s seafood exports dive in June as illex squid, hake sales slump

By Aug. 3, 2023 2:49 PM

Argentina's fisheries sector exported 33,644t of seafood worldwide worth $124.1m in June, down 31% in volume and 15% in value y-o-y

Trade
Spain’s Mascato sees profits halve on higher costs, inflation

By July 26, 2023 9:40 AM

The Spanish fishing group saw turnover drop to €228.1m in 2022, down 2.3% year-on-year

Supply
Iberconsa faces serious debt refinancing challenges amidst inflation, weak fish sales

July 25, 2023 2:31 PM

The Spanish firm, owned by US-based fund Platinum since 2019, needs to refinance debt of around €400m in the short term

Processing
Peru fish landings down 89% with anchovy catches for fishmeal, oil almost nonexistent

By July 21, 2023 2:55 PM

Peru saw an 89% y-o-y decrease in fish landings in May, mainly due to almost no catches of anchovy intended for fishmeal, which fell by 99.3%

Trade
Sharp drop in Argentina’s illex squid sales in May offsets rise in hake, shrimp exports

By July 21, 2023 2:33 PM

Argentina's seafood exports fell by 6.2% in volume but rise 14.6% in value to a total of 36,081t worth $132.6m in May

Hake
More former Vici execs pop up at surimi startup Port Lite

By July 19, 2023 10:34 AM

Port Lite is building up a surimi and, in the future, salmon processing plant in Lativa, having hired several executives from Lithuania's Viciunai 

Vessels
EU fleet seeks alternatives as Morocco fisheries agreement expires with no renewal in sight

By July 14, 2023 9:45 AM

The current fishing agreement between the EU and Morocco expires on July 17

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